Twenty Four Frequently Asked Questions On Employees Provident Fund (EPFO ) Answers For You!

These are the twenty four answers on FAQs given on EPFO site. Read and enrich yourself 1) Who will be...

What is reverse mortgage and how is it taxed?

When one takes loan against property , it is called mortgage of property.This loan can be utilsed for any purpose.The borrower has to payback the loan with interest , generally as equal monthly installment (EMI ) . Reverse mortgage is a new concept in India and the Government wants to popularize it for the benefit of senior citizens of this country. The main purpose of popularizing the concept of reverse mortgage is to provide income to the senior citizen who may have an asset in form of house property , but not regular income. Some of the important

What no banker in India will tell you about gold coins sold by them?o...

The craze about investment in gold in India  is not just based on custom and cultural practices. Many Indians purchases it for its ability to come...

Taxation Rule of Sweat Equity or Free Equity Simplified!

Let us examine the two version about  Ms Sunanda Pushkar getting equity shares from -the private Limited Company which won the the Kochi bid of IPL. It is reported in the press ,that she received the shares for free.  However , an interview published on Hindustan Times, of the one of the  share holder that it was  was not

What Benefit Is Available To Indian Citizen While Deciding Residential Status?

I was working in India all the while till July 2007 and moved to Singapore on employment in August 2007. So, for FY2007-08, I...
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